Every healthcare insurer that delivers or issues for delivery or renews in this state a contract, plan, or policy that provides coverage for pharmaceuticals delivered on an outpatient basis through a restricted pharmacy network shall:

(1)  Also offer insurance purchasers an optional benefit plan that includes a nonrestricted pharmacy network; and

(2)  Subject to a determination by the U.S. Department of Health and Human Services’ Centers for Medicare & Medicaid Services on the consistency of this subsection with Medicare law and related regulations, offer only nonrestricted pharmacy networks in any Medicare Supplement or Medicare+Choice Plans.

History of Section.
P.L. 2004, ch. 363, § 2; P.L. 2004, ch. 368, § 2; P.L. 2004, ch. 602, § 2.